Latin America Lighting Market Size & Outlook, 2025-2030
The lighting market in Latin America is expected to reach a projected revenue of US$ 10.9 billion by 2030. A compound annual growth rate of 6% is expected of Latin America lighting market from 2025 to 2030.
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- Lighting Market Outlook
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Revenue, 2024 (US$B)
$7.9
Forecast, 2030 (US$B)
$10.9
CAGR, 2025 - 2030
6.0%
Report Coverage
Latin America
Global Market
Related Markets
Latin America lighting market highlights
- The Latin America lighting market generated a revenue of USD 7.9 billion in 2024.
- The market is expected to grow at a CAGR of 6% from 2025 to 2030.
- In terms of segment, led lighting was the largest revenue generating type in 2024.
- LED Lighting is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 7.9 billion |
| Market revenue in 2030 | USD 10.9 billion |
| Growth rate | 6% (CAGR from 2025 to 2030) |
| Largest segment | Led lighting |
| Fastest growing segment | LED Lighting |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | CFL, Fluorescent Lighting, Halogen, HID, Incandescent, LED Lighting |
| Key market players worldwide | Acuity Brands Inc, Signify NV, OSRAM, Eaton Corp PLC, Cree Lighting, Nichia Corporation, GE Lighting, Seoul Semiconductor, Everlight Electronics, Hubbell Incorporated, Zumtobel Group AG ADR, Sitecore, Panasonic Holdings Corp, Havells India, Toshiba Corporation |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.2% of the global lighting market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 91.4 billion by 2030.
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Publish Date: Feb 18, 2025
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Lighting Market Scope
Lighting Market segmentation & scope
Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Panasonic Holdings Corp | View profile | 230,025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | holdings.panasonic |
| Acuity Brands Inc | View profile | 12,200 | 1170 Peachtree Street, N.E., Suite 2300, Atlanta, GA, United States, 30309 | www.acuitybrands.com |
| Toshiba Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | www.toshiba.com/tai/ |
| Nichia Corporation | View profile | 5001-10000 | Tokushima, Tokushima, Japan, Asia | www.nichia.co.jp/ |
| Sitecore | View profile | 1001-5000 | San Francisco, California, United States, North America | www.sitecore.com |
| Eaton Corp PLC | View profile | 94,000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | www.eaton.com |
| Everlight Electronics | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | www.everlight.com/ |
| Signify NV | View profile | 31,920 | High Tech Campus 48, Eindhoven, Netherlands, 5656 AE | www.signify.com |
| Zumtobel Group AG ADR | View profile | 5,500 | Hochster Strasse 8, Dornbirn, Austria, A-6850 | z.lighting/en |
| Seoul Semiconductor | View profile | 5001-10000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | www.seoulsemicon.com/ |
Latin America Lighting Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Lighting Market Outlook will help companies and investors design strategic landscapes.
Led Lighting was the largest segment with a revenue share of 60.76% in 2024.
Horizon Databook has segmented the Latin America lighting market based on cfl, fluorescent lighting, halogen, hid, incandescent, led lighting covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Lighting Market Type Outlook (Revenue, USD Billion , 2018-2030)
- CFL
- Fluorescent Lighting
- Halogen
- HID
- Incandescent
- LED Lighting
- Latin America Lighting Market Application Outlook (Revenue, USD Billion , 2018-2030)
- Indoor Lighting
- Outdoor Lighting
- Smart Lighting
- Latin America Lighting Market End Use Outlook (Revenue, USD Billion , 2018-2030)
- Commercial
- Industrial
- Residential
- Latin America Lighting Market Distribution Channel Outlook (Revenue, USD Billion , 2018-2030)
- Online
- Offline
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Lighting Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Lighting Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Lighting Market, 2018-2030 (US$B)
Latin America lighting market statistics, by type, 2018-2030 (USD Billion)
